About this Land Commercial in Capitol Hill BN
An opportunity to purchase a boutique low-rise residential development site adjacent to the Burnaby Heights neighbourhood for redevelopment of up to 6 storeys with the upcoming adoption of the Burnaby 2050 OCP in late 2025. The property is situated on the southeast corner of Delta Avenue and Hastings Street, which provides convenient access to Downtown Vancouver, Brentwood Town Centre, Simon Fraser University and Highway 1. The property, with a lot size of 9,461 SF, is also a… block east of Burnaby Heights, a dynamic retail corridor known for its diverse commercial district, friendly merchant culture, and a vibrant community atmosphere. The area is popular with students, families, and young professionals, supporting a strong demand for more housing. The property is improved with a duplex circa 1947 with 4 rental units. Each rental unit has its own washer and dryers and generate a stable rental income.
Listed by Macdonald Commercial Real Estate Services Ltd..
An opportunity to purchase a boutique low-rise residential development site adjacent to the Burnaby Heights neighbourhood for redevelopment of up to 6 storeys with the upcoming adoption of the Burnaby 2050 OCP in late 2025. The property is situated on the southeast corner of Delta Avenue and Hastings Street, which provides convenient access to Downtown Vancouver, Brentwood Town Centre, Simon Fraser University and Highway 1. The property, with a lot size of 9,461 SF, is also a block east of Burnaby Heights, a dynamic retail corridor known for its diverse commercial district, friendly merchant culture, and a vibrant community atmosphere. The area is popular with students, families, and young professionals, supporting a strong demand for more housing. The property is improved with a duplex circa 1947 with 4 rental units. Each rental unit has its own washer and dryers and generate a stable rental income.
Listed by Macdonald Commercial Real Estate Services Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- Type: Land Commercial
More About Capitol Hill BN, Burnaby North
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Postal Code: V5B 3C8
